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JIJI May 24, 2021
Semiconductor-related businesses in Japan are enjoying robust earnings thanks to growth in demand associated with the global wave of digitalization.
Some logged record profits for their latest business years, while automakers in and outside the country are being forced to reduce vehicle output due to semiconductor shortages.
Major chipmaking gear-maker Tokyo Electron Ltd.’s consolidated operating profit for fiscal 2020, which ended in March this year, jumped 35.1% from the previous year to hit a record ¥320.6 billion.
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Macronix posts best April revenue
CHIP SHORTAGES: Winbond swung into the black, while Nanya Technology saw double-digit percentage growth in revenue, as supply constraints support higher prices
By Lisa Wang / Staff reporter
Macronix International Co (旺宏), the world’s biggest supplier of NOR flash memory chips, yesterday posted its best April revenue, at NT$3.81 billion (US$136.52 million), lending support to its optimistic forecast about customer demand amid a persistent chip shortage.
Last month’s revenue rose 5.6 percent from NT$3.61 billion in March and 11.2 percent from NT$3.43 billion a year earlier, the company said in a statement.
Macronix has forecast a gradual growth in quarterly revenue through the end of the year, as customers scramble to secure chip supply, boosting its book-to-bill ratio to “a stunning level.”
Dow climbs to a fresh record high, tech weakness sinks Nasdaq
Meanwhile, private sector figures showed 742,000 jobs were added last month, up from 565,000 in March
4:15pm: Major indices end mixed
The Dow ended Wednesday up 97 points, 0.3%, at a record close of 34,230. The Nasdaq, meanwhile, slumped 51 points, 0.4%, to 13,582, and the S&P 500 added 3 points to 4,168.
12:27pm: Peloton shares swoon on recall news
The Dow enjoyed a volatile morning, including a dip into the red before climbing 136 points, 0.4% at 34,264, which would be a record, at midday. The Nasdaq was up 81 points, 0.6%, to 13,714, while the S&P 500 added 21 points, 0.5%, to 4,185.
“While ADP numbers fell short of some of the loftier expectations today, a 742,000 increase in job numbers is welcome news, and when coupled with strong Markit and ISM services PMI readings it is clear that the world’s largest economy is well on the way to a recovery,” IG Chief Market Analyst Chris Beauchamp wrote.
Product Guide 2021: Pain Management
To help patients move through a prescribed course of therapy, physical therapists should be knowledgable about the causes of pain and its impacts. They should also be well-versed in interventional techniques and pain management products that can aid patients whose pain symptoms may affect their progress through a therapy program. Many technologies are available to supplement manual therapy and exercise, including modalities such as laser therapy, ultrasound, transcutaneous electrical nerve stimulation (TENS), and microcurrent electrical therapy. Other effective pain-relieving agents include hot and cold therapy wraps, knee supports, back supports, and topical pain-relieving gels.
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